Axi Select is a free, performance-based funding program that lets traders grow from $5K to $1M in real capital by improving their Edge Score and meeting profit targets.
Citi is taking its blockchain-based payment system global. The bank has added Euro transactions and established a new operational hub in Dublin, broadening the reach of its Citi Token Services (CTS...
EUR/USD trimmed some of its previous losses and rises 0.16% on Friday’s late in the North American session, amid a scarce economic docket in both sides of the Atlantic.
Gold price (XAU/USD) advances during the North American session on Friday, up 0.64% as the US government shutdown extends, while risk aversion keeps US equity markets poised for weekly losses. At the time of writing, Bullion trades at $4,002 after bouncing off daily lows of $3,974.
Federal Reserve Governor Stephen Miran spoke about stablecoins and monetary policy at the Blockchain & Venture Capital Summit in New York on Friday. He said that a lot of stablecoin usage would likely lower the neutral rate, and that Widespread stablecoin usage could push up the dollar's value.
Finance Magnates - the world’s only multi-asset online trading knowledge hub - offers financial news, industry research, international events and more.
The Dow Jones Industrial Average (DJIA) took another leg lower on Friday, testing below the 46,800 level for the first time in almost three weeks before barely managing to squeeze back to flat for the day as an AI stock pullback and withering consumer survey results drag down both sides of the inves
Silver (XAG/USD) trades little changed on Friday, hovering near $48.30 at the time of writing after easing from intraday highs, as the market remains directionless heading into the weekend.
AUD/USD trades sideways on Friday, around 0.6480 at the time of writing, following the release of a key indicator that showed a significant deterioration in US consumer confidence.
Analysts at JPMorgan have suggested that bitcoin may be oversold after recent price declines pushed it below $100K. They indicated there is a possibility of higher prices in the coming months.
The Euro (EUR) extends its rebound against the US Dollar (USD) on Friday, building on renewed weakness in the Greenback. At the time of writing, EUR/USD is trading near 1.1575, its highest level since October 30.
GBP/USD clings to minimal gains on Friday amid the lack of economic data releases in the UK, as markets digest scarce economic data amid the ongoing US government shutdown. The pair trades at 1.3148, up 0.10% after hitting a daily low of 1.3095.
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Friday, snapping a six-day losing streak after stronger-than-expected labor market data signaled resilience in Canada’s economy. At the time of writing, USD/CAD is trading around 1.4064, down nearly 0.35% on the day.
Consumer confidence in the United States (US) continued to deteriorate in November, with the University of Michigan's Consumer Sentiment Index falling to 50.3 from 53.6 in October. This print came in worse than the market expectation of 53.2.
The Financial Services Agency (FSA) has approved a pilot program that brings together the country’s three biggest banks, Mizuho Bank, MUFG, and Sumitomo Mitsui Banking Corporation (SMBC), to test a...
The Euro (EUR) edges higher against the British Pound (GBP) on Friday, snapping a two-day losing streak as the Bank of England’s (BoE) dovish policy stance weighs on the Sterling.
The Copper price has recently fallen significantly from its record high at the end of October of just over $11,000 per ton, Commerzbank's Head of FX and Commodity Research Thu Lan Nguyen notes.
In recent days, there have been reports indicating a further increase in Oil production in Libya, Commerzbank's commodity analyst Carsten Fritsch notes.
The US sanctions against Russia's two largest Oil companies announced by US President Trump two weeks ago are now apparently also having an impact on Russia's seaborne crude Oil exports, Commerzbank's commodity analyst Carsten Fritsch notes.
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